Nine Entertainment Co have been transitioning into their new Australian Headquarters in Sydney from Willoughby their home for over the last 60 years.
Colliers International have facilitated the move for the media company, which has holdings in radio and television broadcasting, newspaper publications and digital media, including Channel Nine, The Sydney Morning Herald, Australian Financial Review, STAN and Domain.
Nine is well advanced in the complex relocation from Willoughby and Pyrmont to their new built-for-purpose, 24,500sqm workspace accommodation at 1 Denison Street in North Sydney. This represents Stage 1 of the project, with Stage 2 due for completion in early 2021.
The new workspace includes a large number of highly resilient specialist spaces to support Nine Entertainment Co’s broadcasting function, including a 400sqm data centre, six (6) studio spaces, radio and podcast facilities, eight (8) control rooms and a multitude of editing suites.
“This project is the culmination of four years of collaboration between the Colliers’ Tenant Advisory and Project Leaders teams, who have worked together locating the premises, negotiating the agreements and completing the delivery of the workspace, including management of the fit out from concept, through to design and construction of specialist elements,” said Chris Andrews, National Director, Project Leaders at Colliers International.
“This is the first time that Nine Entertainment Co have moved after being in Willoughby for over sixty years; taking 14 floors in total within one of the newest buildings in Sydney.”
“North Sydney is emerging as a rejuvenated business hub with a diverse range of commercial industries, including technology, communications and financial organisations, supported by significant infrastructure including the new Sydney Metro with the Victoria Cross Station being delivered adjacent to the site, said Lizza Young, Project Director, Project Leaders at Colliers International
“Relocating Nine Entertainment Co. from Willoughby into a single commercial building has been a monumental task given the technology, infrastructure and resilience required and this is clearly one of the most complex pre-commitment leases delivered in recent times.”
“The building and the internal facility is state of the art,” said Simon Crouch, Head of Tenant Advisory at Colliers International.
“The Colliers and Nine project teams have worked tirelessly over 4 years to deliver the most modern content creation facility in Australia. It’s been a long journey with many challenges along the way – all of which had to be collaboratively addressed and overcome. Our long-term relationship with Colliers was a key differentiator in successful project delivery,” said Scott Soutar, Group Head of Property Operations at NEC.
Nine Entertainment Co will complete the relocation to new premises by Mid November.